Business Daily Media

The Times Real Estate

.

Cathay’s 1 Ticket, 1 Tree initiative achieves new milestone

30,000 mangrove trees planted in Southeast Asia since 2021

SINGAPORE - Media OutReach Newswire - 22 April 2024 - Cathay has reached a milestone in its 1 Ticket, 1 Tree journey, with the planting of 30,000 mangrove trees in Southeast Asia since the initiative was launched in 2021.

This includes 7,500 mangrove trees that Cathay and its partners have committed to plant in 2024, from tickets sold in Southeast Asia from a five-day campaign period in July 2023.

Caption

Now in its fourth year, 1 Ticket, 1 Tree is a Southeast Asia initiative by Cathay that underscores its commitment to support local communities, restore local habitats and drive climate resilience. It involves Cathay planting a tree in the region for every ticket purchased from Singapore, the Philippines, Thailand, Indonesia, Malaysia, Vietnam and Cambodia during a specified campaign period. To kickstart 1 Ticket, 1 Tree this year, 4,000 trees were planted in Thailand's Bangpu Nature Education Centre in Samut Prakan on 23 March 2024. The remaining trees will be progressively planted in mangrove forests across Southeast Asia in the coming months.

Cathay continues to work with local environment and community partners to restore mangrove forests in the region. In Thailand for instance, half of the 4,000 trees were contributed by KTC (Krungthai Card), who joined Cathay's efforts in Thailand for the first time this year. Since 2021, Cathay has worked with 13 local partners across the region to plant trees and ensure they grow and thrive.

Cathay Regional General Manager for Southeast Asia Dominic Perret said: "Cathay's 1 Ticket, 1 Tree in Southeast Asia reinforces our aspiration to be at the forefront of sustainability leadership and to advocate for collaborative actions to go Greener Together. Giving back to the communities we serve is an important part of this endeavour, as we collaborate with our customers and business partners to protect the coastal ecosystems that many local communities in the region depend on for food, protection and income. We are extremely encouraged by the positive response we've received from other like-minded partners who have since joined us in this effort, or simply helped spread the word."

1 Ticket, 1 Tree will be rolled out in Southeast Asia again this year, where Cathay invites customers to contribute to the mangrove forests when they fly, simply by booking a ticket with Cathay.

For more information on 1 Ticket, 1 Tree, please follow Cathay's Facebook page or visit:
Singapore | Malaysia | Indonesia | Philippines | Cambodia | Thailand | Vietnam

Greener Together: Cathay's commitment to sustainability leadership
As one of the first airlines in Asia to set a target of 10% Sustainable Aviation Fuel (SAF) for its total fuel consumption by 2030, Cathay fully recognises the challenges in transitioning to more sustainable energy in aviation. To address this, Cathay embraces a collaborative ethos, Greener Together, urging all stakeholders to unite in this important pursuit. Beyond SAF, we have also made important strides towards our 2050 carbon neutrality goal in other aspects of decarbonisation.

Full details of Cathay's performance and commitments in sustainable development are available in its 2023 Sustainability Report, available here. Key highlights include committing to near-term climate improvements, accelerating the use of SAF, and moving towards more sustainable use of resources.

Hashtag: #CathayPacific

The issuer is solely responsible for the content of this announcement.

News from Asia

Schneider Electric named The World’s Most Sustainable Corporation for a second time

First-ever corporation to top Corporate Knights Global 100 twice 14th consecutive year in Global 100 index, 7th top 10 ranking Follows strong 2024 performance in other k...

A New Year, A New Beginning LANDMARK Welcomes the Year of the Snake with Nicolai Bergmann's Flourishing Blooms

HONG KONG SAR - Media OutReach Newswire - 24 January 2025 - To honour the spirit of the Lunar New Year, LANDMARK presents Flourishing Blooms, a vibrant celebration of artistry and tradition by in...

KPMG: Slower than expected interest rate cuts to support bank margins in 2025

Banks should prioritise cost optimisation, data governance, and digital transformation to build a foundation for long-term growth HONG KONG SAR - Media OutReach Newswire - 24 January 2025 – Hong K...

Hong Kong Wraps Up Valuable Participation at WEF Annual Meeting

HONG KONG SAR - Media OutReach Newswire - 24 January 2025 - Financial Secretary of the Hong Kong Special Administrative Region (SAR), Paul Chan, wrapped up his participation at the World Economic ...

First female pilot in China’s Xizang (Tibet): Breaking boundaries in a male-dominated sector

BEIJING, CHINA - Media OutReach Newswire - 4 January 2025 - A large number of Chinese women are breaking the glass ceiling to enter professions that were previously dominated by men...

JustMarkets Launched a Lunar Contest with Fantastic Prizes

JAKARTA, INDONESIA - Media OutReach Newswire - 27 January 2025 - As the festive season of Lunar New Year approaches, JustMarkets invites traders in Indonesia and Malaysia to celebrate with exciti...

Tropical Hainan Island, China: Tourist's Paradise Filled with Sunshine, Hospitality

HAIKOU, CHINA - Media OutReach Newswire - 24 January 2025 - Recently, the Hainan Free Trade Port in southern China has launched various events featuring intangible cultural heritage to celebrate t...

Dou Yee Enterprises Partners with BIOVIA to provide LIMS and ELN Software Solutions in Southeast Asia

SINGAPORE - Media OutReach Newswire - 27 January 2025 - Dou Yee Enterprises, a prominent global player in high-tech manufacturing and precision engineering, has entered into a strategic partnershi...

Tourism Promotions Board (TPB) Philippines celebrates milestones, thanks media and content creators at annual Pasasalamat event

2024 was a groundbreaking year of achievements for Philippine tourism promotions MANILA, PHILIPPINES - Media OutReach Newswire - 27 January 2025 - The Tourism Promotions Board (TPB) Philippines ki...

ONYX Hospitality Group Expands the Amari Brand with Exciting New Openings Across Sri Lanka, Laos, and Thailand

BANGKOK, THAILAND - Media OutReach Newswire - 28 January 2025 - ONYX Hospitality Group, Thailand's leading hospitality management company, is delighted to announce the opening of its latest prope...

Global talent: Unlocking the potential of the ‘Everywhere Workforce’

We’ve reached a defining moment in the future of work. Shifts in business demands, evolving employee expectations and the acceleration of tech inn...

Mark Bouris’ Top Tips for Effective Networking

As Boa App Introduces ‘Chapters’ for Australian Business owners A vocal champion of the power of networking, renowned businessman Mark Bouris is ...

Retailers combat post-Christmas debt and boost revenue amid changing customer behaviours

As the festive season wraps up, Australian retailers and companies are shifting their focus from holiday sales to addressing the challenges of pos...

When Will Infrastructure Companies See Gains from Generative AI?

A lot of questions are swirling about the state of generative AI right now. How far along are companies with their bespoke GenAI efforts? Are orga...

DLPA partners with Crestcom to bring its leadership training solutions

Dynamic Leadership Programs Australia (DLPA), a leading provider of leadership training and workforce strategy solutions, has joined forces with r...

Infosys and Tennis Australia Create New Generative AI Innovations at the Australian Open 2025

Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, in partnership with Tennis Australia, has unv...

Sell by LayBy